360
360
Jan 21, 2015
01/15
by
BBCAMERICA
quote
eye 360
favorite 0
quote 9
the president is hoping he can improve his standing further by proposing tax change for those -- proposing tax riders for the very wealthy so everyone can emerge from the financial crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america. >> reporter: his speech suggests a newfound confidence at the white house that america's economy is bouncing back.
the president is hoping he can improve his standing further by proposing tax change for those -- proposing tax riders for the very wealthy so everyone can emerge from the financial crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america. >> reporter: his speech suggests a newfound confidence at the white house that america's economy is bouncing back.
213
213
Jan 21, 2015
01/15
by
BBCAMERICA
quote
eye 213
favorite 0
quote 2
the president is hoping he can improve his standing further by proposing tax change for those emerging from the final crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america.
the president is hoping he can improve his standing further by proposing tax change for those emerging from the final crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america.
293
293
Jan 21, 2015
01/15
by
BBCAMERICA
quote
eye 293
favorite 0
quote 9
president obama used his address to appeal to the middle class by championing home investment and using tax funds to benefit families. >> let's close loopholes so we stop rewarding companies who keep profits abroad and reward those who invest here in america.
president obama used his address to appeal to the middle class by championing home investment and using tax funds to benefit families. >> let's close loopholes so we stop rewarding companies who keep profits abroad and reward those who invest here in america.
141
141
Apr 6, 2015
04/15
by
BBCAMERICA
tv
eye 141
favorite 0
quote 0
. >>> president abbas has planned to receive tax revenues. they have deducted a third of the money to palestinian debts to utility companies. they say either israel should pay the money in full or he'll take the issue to the international criminal court. >>> the governor of zimbabwe is facing growing pressure to halt the export baby elephants to cyan and dubai. the practice is separating babies from their mothers and inhumane and cruel. the government says the sales are essential, because zimbabwe can sustain only a fraction of the elephants colonel ss currently living in its national parks. >>> a "rolling stone" magazine has apologized and officially retracted an article published in november last year which famously described a gang rape at a university of virginia for a fraternity house. this is a story you'll remember it prompted widespread discussions about sexual assaults on american college campuses. but a four-month police investigation has found no evidence that the incident even happened. on the request of the magazine itself, the c
. >>> president abbas has planned to receive tax revenues. they have deducted a third of the money to palestinian debts to utility companies. they say either israel should pay the money in full or he'll take the issue to the international criminal court. >>> the governor of zimbabwe is facing growing pressure to halt the export baby elephants to cyan and dubai. the practice is separating babies from their mothers and inhumane and cruel. the government says the sales are...
193
193
Apr 3, 2015
04/15
by
BBCAMERICA
tv
eye 193
favorite 0
quote 0
taxes. some more debt and definitely more debt. >> let's think about the state of employment in britain today. one in five workers, more than 20% of workers, is on less than a living waunlg. >> i take a very different view. there should be no privatization of the health service. our national health service is far too precious to give up for private profit. >> you can come into britain from anywhere in the world and get diagnosed with hiv and get the retroviral drugs that cost up to 25,000 pounds. >> this kind of scaremongering -- >> it's a fact. >> it's dangerous. >> it's a fact. >> it's dangerous. >> well, it trues. >> it creates stigma to people who are ill. and i think you should be ashamed of yourself. >> well i'm sorry, we've got to put our own people first. >> 18 month waiting to 18-week recording. that's our record and now it's going backwards under you. you've failed the british people. >> i'm married to a foreigner -- >> we're all married to foreigners. >> let's be open hearted. >>
taxes. some more debt and definitely more debt. >> let's think about the state of employment in britain today. one in five workers, more than 20% of workers, is on less than a living waunlg. >> i take a very different view. there should be no privatization of the health service. our national health service is far too precious to give up for private profit. >> you can come into britain from anywhere in the world and get diagnosed with hiv and get the retroviral drugs that cost...
260
260
Apr 1, 2015
04/15
by
BBCAMERICA
tv
eye 260
favorite 0
quote 0
a bigger profit tax introduced today known as the google tax. the aim is designed to prevent the likes of google of course. facebook starbucks and amazon from funnel k the majority of their revenues the money they make here in the uk funneling it out to their international headquarters. side many of those nations, based in dublin. heather herself is part of a group and joins us from the studio. i'm wondering if there's any concern from professionals like yourselves and others question questioning the timing of this. it seems like this was rushed through and passed before the election. >> absolutely. quite complicated legislation. i think most of us agree it's a good principle companies should pay tax where they make their profit. you have to have clear law. this really has been rushed through. >> it sort of begs the question why the uk is going down this unilateral or single path. there is work in progress i think with oucd and other countries putting something more globally international law. >> the big project going on with e oecd, that will c
a bigger profit tax introduced today known as the google tax. the aim is designed to prevent the likes of google of course. facebook starbucks and amazon from funnel k the majority of their revenues the money they make here in the uk funneling it out to their international headquarters. side many of those nations, based in dublin. heather herself is part of a group and joins us from the studio. i'm wondering if there's any concern from professionals like yourselves and others question...
214
214
Mar 30, 2015
03/15
by
BBCAMERICA
tv
eye 214
favorite 0
quote 0
and the fact there was a tremendous delay in actually collecting the due taxes. there is a shortfall as far as public funds are concerned. this is why the government needs to literally scrape the barrel in order to find the necessary funds not only to repay overseas dues but also to fulfill its commitments locally to public sector and the pensioners. >> and very very briefly, i know you said we've got to see what these reforms, what the new reforms entail but we're hearing things like higher tacks on cigarettes and alcohol, more privatization. your gut feeling, do you think there will be enough in those documents, enough reforms? >> well aaron, if we reach more of a political solution rather than a financial solution i think these will suffice. question is whether mrs. merkel and other northern european leaders will provide this political solution that will give some breathing time to the new government in order to make this strong and deep reforms the country needs. >> okay. once again, we'll wait and see. we'll talk to you soon. no doubt. thank you, mate. we'll
and the fact there was a tremendous delay in actually collecting the due taxes. there is a shortfall as far as public funds are concerned. this is why the government needs to literally scrape the barrel in order to find the necessary funds not only to repay overseas dues but also to fulfill its commitments locally to public sector and the pensioners. >> and very very briefly, i know you said we've got to see what these reforms, what the new reforms entail but we're hearing things like...
232
232
Mar 26, 2015
03/15
by
BBCAMERICA
tv
eye 232
favorite 0
quote 0
oil prices surge as saudi arabia launches a tax among those growing fears. the conflict in the region is spreading. and a 21st century silk road. yes, government and business leaders from all over asia gather to see if they can join forces on new integrated economic future. >>> hello, everybody. i'm aaron. welcome to the program. a fascinating and exciting snapshot of all in the world of business and money. let's start with the price of oil. it's been going up. in fact, it's been surging overnight after saudi arabia began a military operation against the houthi rebels in yemen. yemen itself not a big player in the energy market but the fear is very much of conflict spreading more widely in the region. let's just take a look at what's been happening on the markets. because in the last few hours, brent crude futures jumped as high as $59.71 a barrel. that is a rise of about some 6%. 6%. it's coming. although i have to say, it has come down slightly since then a bit. as well as oil the middle east is also the world's biggest exporter of liquefied natural gas fr
oil prices surge as saudi arabia launches a tax among those growing fears. the conflict in the region is spreading. and a 21st century silk road. yes, government and business leaders from all over asia gather to see if they can join forces on new integrated economic future. >>> hello, everybody. i'm aaron. welcome to the program. a fascinating and exciting snapshot of all in the world of business and money. let's start with the price of oil. it's been going up. in fact, it's been...
286
286
Mar 24, 2015
03/15
by
BBCAMERICA
tv
eye 286
favorite 0
quote 0
they will release a much needed tax according to greece's government spokesman. the greek prime minister there he is on the left met with there she is german chancellor angela merkel. reforms need to be implemented for fund. >>> how about this one. uk inflation rate fell to zero zilch. it's the lowest since records began. price in recreational goods, foods, furnishings cut the rate from 0.3% in january. minus 0.3%. the u.s. car maker, ford will open the fourth assembly plant in china today part of a $4.9 billion expansion. ford will be able to produce 1.2 million passenger vehicles in china. tweet me, i'll tweet you back. you can call me shallow... but, i have a wandering eye. i mean, come on. national gives me the control to choose any car in the aisle i want. i could choose you... or i could choose her if i like her more. and i do. oh, the silent treatment. real mature. so you wanna get out of here? go national. go like a pro. vo: 85 percent of people who travel will go someplace they've already been. where's the fun in that? it's time to find someplace new. bo
they will release a much needed tax according to greece's government spokesman. the greek prime minister there he is on the left met with there she is german chancellor angela merkel. reforms need to be implemented for fund. >>> how about this one. uk inflation rate fell to zero zilch. it's the lowest since records began. price in recreational goods, foods, furnishings cut the rate from 0.3% in january. minus 0.3%. the u.s. car maker, ford will open the fourth assembly plant in china...
265
265
Mar 23, 2015
03/15
by
BBCAMERICA
tv
eye 265
favorite 0
quote 0
well, business-friendly economic policies, easy regulations, and low taxes, which certainly helped to attract massive investment. we're going to have more coming up on "gmt" in just over an hour's time. also this one, the greek prime minister alexis tsipras, is meeting german chancellor angela merkel in berlin today, amid of course we've heard it before but mounting concern that greece is running out of money. the two countries have kind of been doing this haven't they. they're at odds over the newly elected government's efforts to renegotiate the terms of its international bailout. the "financial times" reports that mr. tsipras had warned miss merkel that greece cannot meet imminent imminent debt payments without new aid, but germany is digging in its heels. in fact, on friday you may remember this germany said there would be no new money without reform. again, we're going to cover this coming up on "gmt." the saga continues, doesn't it? >>> china has received a critical endorsement for its proposed new asia infrastructure investment bank. 27 nations have already signed up but the u.
well, business-friendly economic policies, easy regulations, and low taxes, which certainly helped to attract massive investment. we're going to have more coming up on "gmt" in just over an hour's time. also this one, the greek prime minister alexis tsipras, is meeting german chancellor angela merkel in berlin today, amid of course we've heard it before but mounting concern that greece is running out of money. the two countries have kind of been doing this haven't they. they're at...
339
339
Mar 23, 2015
03/15
by
BBCAMERICA
tv
eye 339
favorite 0
quote 1
well business-friendly economic policies, easy regulation and low taxes all helped to attract some massive investment. let's go straight over to our business hub in singapore. mariko, great to see you. you've been talking, i believe, to a lot of people in the business community in singapore about his legacy. what sort of things have they been telling you? >> i think we've been talking about some of his critics criticizeing about his tight grip on power. but i think his economic legacy is much less controversial and not many would disagree that what he has achieved is an economic miracle, because he oversaw almost every aspect of the economy from keeping the tax low, as you mentioned, to track foreign investor to education, where he's really promoted english as the business language. and that really made singapore stand out in the region because it meant that multi-national companies could come here and start hiring local talents almost immediately. and business leaders have been paying tribute. jenny chu was the general manager at ruffles hotel just behind us and she said singapore wouldn'
well business-friendly economic policies, easy regulation and low taxes all helped to attract some massive investment. let's go straight over to our business hub in singapore. mariko, great to see you. you've been talking, i believe, to a lot of people in the business community in singapore about his legacy. what sort of things have they been telling you? >> i think we've been talking about some of his critics criticizeing about his tight grip on power. but i think his economic legacy is...
292
292
Mar 20, 2015
03/15
by
BBCAMERICA
tv
eye 292
favorite 0
quote 0
also making is sure their tax collection function have said better. the way athens has had to do austerity over the past couple of years was mainly focused on cutting spending, precisely, because cutting taxes is to different. and if athens is serious about tackling these things, i think the rest of europe would be quite pleased. because for the past couple of years, european leaders have had to negotiate with the same parties and the same politicians that things got out of hand in the past decade to begin with. and as far as that's concerned, i think tsipras might be a welcome change on condition, of course, that they're willing to engage in constructive talks. >> now to the swiss city of basel, where thousands of the world's watch makers sellers, and enthusiasts are all gathered for the annual basel world watch fair. switzerland's exported about 28 million watches last year. but are times getting tougher? >> the swiss city of basel, on the river rhine. plenty of up market watch shops here, but right now they're firmly focused on the global market. h
also making is sure their tax collection function have said better. the way athens has had to do austerity over the past couple of years was mainly focused on cutting spending, precisely, because cutting taxes is to different. and if athens is serious about tackling these things, i think the rest of europe would be quite pleased. because for the past couple of years, european leaders have had to negotiate with the same parties and the same politicians that things got out of hand in the past...
240
240
Mar 18, 2015
03/15
by
BBCAMERICA
tv
eye 240
favorite 0
quote 0
possibly because he taxed quite hard to the right towards the end to steal some of the votes from the other right wing party to take them from them and to persuade undecided voters to back him on the palestinian issues. no independent palestine under his watch and vowed to continue building settlements in east jerusalem which play very much to his right wing support. perhaps there was a level of complacency in the center left because they were ahead so many weeks. not so motivated to come out and vote. either way benjamin netanyahu says he will be able to form a right wing nationalist coalition government within the next two to three weeks and he has already begun that process reaching out it to the other parties that will form part of that coalition. let's get all the latest now from the events and this morning's coalition building with our correspondent johnny diamond. >> reporter: does this look like a loser? just a day ago, the election was saiden to slipping through his fingers. as his supporters chanted his nickname, bibi benjamin netanyahu saviored victory. >> translator: again
possibly because he taxed quite hard to the right towards the end to steal some of the votes from the other right wing party to take them from them and to persuade undecided voters to back him on the palestinian issues. no independent palestine under his watch and vowed to continue building settlements in east jerusalem which play very much to his right wing support. perhaps there was a level of complacency in the center left because they were ahead so many weeks. not so motivated to come out...
373
373
Mar 18, 2015
03/15
by
BBCAMERICA
tv
eye 373
favorite 0
quote 0
a newspaper report suggests he is considering tax cuts and could have as much as $7 billion for a preelection giveaway. in januarying uk inflation held a record low by all prices lower debt prices by the government. now let's see how markets here in new york are reacting to all that's going on across the continent today. the ftse 100 in london ahead of the budget currently up over 41 points, the dax in germany reacting to the protests in frankfurt, down, the cac in france down keeping a close eye on the euro/dollar exchange rate one of the key drivers on the markets at the moment. that's a look at business. >> we'll see you a little later on. thank you very much as always. now let's turn to serbia where prosecutors have arrested seven men they suspect of carrying out the 1995 srebrenica massacre of bosnia muslims europe's worse civilian mass murder since world ii. the arrests follow investigations by a joint team of prosecutors from the war time enemies serbia and bosnia. the first time that serbia prosecutors have dealt with the mass killings of civilians and prisoners of war in verb knee ka
a newspaper report suggests he is considering tax cuts and could have as much as $7 billion for a preelection giveaway. in januarying uk inflation held a record low by all prices lower debt prices by the government. now let's see how markets here in new york are reacting to all that's going on across the continent today. the ftse 100 in london ahead of the budget currently up over 41 points, the dax in germany reacting to the protests in frankfurt, down, the cac in france down keeping a close...
288
288
Mar 16, 2015
03/15
by
BBCAMERICA
tv
eye 288
favorite 0
quote 0
. >> reporter: inflation and rising taxes are fueling further discontent. in an effort to rebalance the economy, the government is trying to pass austerity measures in congress but the president's coalition is collapsing and sunday's turnout is another blow. >> it's very tricky how to implement a police agenda that generates lots of political costs for her, especially in that situation that the government can get involved in a corruption scandal. >> reporter: the government's reacted swiftly to the protest, announcing that a series of planned measures to combat corruption would be lost this week. but ministers denounced calls for impeachment. >> >> demonstrations for or against the government are legitimate. what's not acceptable and should be condemned are any type of violence or calls for a coup and unfounded calls for impeachment, which violate democracy. >> last week the red of the workers' party filled the streetsstreet s in a set of smaller, pro-goth marches. since october's tight presidential election, the political polarization has been deepening, a
. >> reporter: inflation and rising taxes are fueling further discontent. in an effort to rebalance the economy, the government is trying to pass austerity measures in congress but the president's coalition is collapsing and sunday's turnout is another blow. >> it's very tricky how to implement a police agenda that generates lots of political costs for her, especially in that situation that the government can get involved in a corruption scandal. >> reporter: the government's...
273
273
Mar 16, 2015
03/15
by
BBCAMERICA
tv
eye 273
favorite 0
quote 0
the british finance minister is expected to ease taxes on oil production in the budget on wednesday. >>> now, german chancellor angela merkel says she wants closer high-tech cooperation with china, as she opened a major i.t. business fair in the german town of hanover. miss merkel was speaking at the ce bit fair show casing the country's rise as an i.t. power. cebit is cybersecurity, a particularly hot topic in germany. with me here in the studio is a professor, mark fillton, cybersecurity expert and a professor at the university of warrick. many thanks for joining us in the studio professor. is this a first time that we're seeing representations orrive ss representatives of the chinese tech industry taking a high profile alongside angela merkel. >> this is one of the shifts to the east with the internet growing and the economy of china growing significantly. it's the largest global market for, for example mobile phones. what we're seeing with a keynote from jack meyer, the ceo of ali baba at the event, with merkel as well with the vice premiere in china keynoting at the same event.
the british finance minister is expected to ease taxes on oil production in the budget on wednesday. >>> now, german chancellor angela merkel says she wants closer high-tech cooperation with china, as she opened a major i.t. business fair in the german town of hanover. miss merkel was speaking at the ce bit fair show casing the country's rise as an i.t. power. cebit is cybersecurity, a particularly hot topic in germany. with me here in the studio is a professor, mark fillton,...
294
294
Mar 12, 2015
03/15
by
BBCAMERICA
tv
eye 294
favorite 0
quote 0
and racially profiling african-americans in this region and even in the larger municipalities, larger tax base that are wealthier, while they -- while a huge portion of their revenues do not come from the municipal court system, if you go to their municipal courts at night you will see the majority of the people that have been pulled over and are facing charges in their courts are african-american. >>> breaking news to bring you from bangladesh as police say four people are known to have died, but dozens are still missing after a cement factory partially collapsed. about 100 construction workers were believed to be inside what is a partially completed building in fact in the port town of mongla you see at the bottom of the screen. the roof gave way. rescuers have pulled 50 survivors from the debris so far. at least 46 people still trapped inside. the factory run by a subsidiary of the bangladesh army we're told. we will . >>> the united nations security council has failed in its duty to end the war in syria, according to a report by global coalition of aide agencies. the report criticizes
and racially profiling african-americans in this region and even in the larger municipalities, larger tax base that are wealthier, while they -- while a huge portion of their revenues do not come from the municipal court system, if you go to their municipal courts at night you will see the majority of the people that have been pulled over and are facing charges in their courts are african-american. >>> breaking news to bring you from bangladesh as police say four people are known to...
260
260
Mar 12, 2015
03/15
by
BBCAMERICA
tv
eye 260
favorite 0
quote 0
we've got tax treatment which has come in which is really good. it's leveled the playing field somewhat with the rest of the world which is brilliant. so much creativity comes out of the uk too that it really makes a big difference to where we are and also the game industry has been growing. it's my belief we're on the cusp of a really great if you like golden age of gaming as various technologies come together and as the world changes because now, of course, we can go direct to customers because of the strength of the internet. that has presented a huge opportunity we've seen a rise of what's called indy games, independent gamers where games are sold directly through the app store, various other routes people can play directly. we're seeing lots of new types of games come out. it's very exciting time to be part of the games industry. >> when you look at the gaming landscapes which sorts of games or other developments in the industry excite you the most? >> we've released our first pager game directly to the pu lick called elite dangerous which we
we've got tax treatment which has come in which is really good. it's leveled the playing field somewhat with the rest of the world which is brilliant. so much creativity comes out of the uk too that it really makes a big difference to where we are and also the game industry has been growing. it's my belief we're on the cusp of a really great if you like golden age of gaming as various technologies come together and as the world changes because now, of course, we can go direct to customers...
532
532
Mar 11, 2015
03/15
by
BBCAMERICA
tv
eye 532
favorite 0
quote 0
has also attracted criticism from those saying ireland is gaining an unfair advantage through their tax system. speaking earlier, an economist explains the importance of the money to the irish economy. >> the modern nationals, and global nationals important to the economy account for 80% of our gdp. it is a very important contribution to our economy. you look over the last five years most of the growth in irish economy has taken place on the food of national expansionists and intellectual activities as well. it is crucial to ireland to maintain this competitive competition. the source of this competition is competition and human capital in the economy and ability to bring in key employees and key talent into the economy and overall favorable regulations and other divisions such as others. ireland is a popular location for nationals. not all of their activity is what we call organic to the economy. a lot of activity is activity. and the irish government have been moving aggressively in the last few years to close off the monetary loopholes for the nationals and then it opens up new ones.
has also attracted criticism from those saying ireland is gaining an unfair advantage through their tax system. speaking earlier, an economist explains the importance of the money to the irish economy. >> the modern nationals, and global nationals important to the economy account for 80% of our gdp. it is a very important contribution to our economy. you look over the last five years most of the growth in irish economy has taken place on the food of national expansionists and intellectual...
429
429
Mar 10, 2015
03/15
by
BBCAMERICA
tv
eye 429
favorite 0
quote 0
is bringing in reforms that tax the fees banks charge businesses. the european commission says this will mean big savings throughout the e.u. >> i think it's good for consumers. it keeps costs down and it's good for retailers because people will use that more so they don't have to hold so much cash. >> reporter: critics say small businesses and consumers might feel the benefit. >> this isn't going to help on the small and medium side. they are paying high fees. in america and in spain, where this has been tried before the retailers made huge amounts of money. the customers have made no savings at all. >> reporter: another credit card transaction, this time in france. shoppers throughout the e.u are choosing cards over cash especially in britain. whatever the impact of the reforms, that trend is unlikely to change. stephanie bell bbc news. >>> let's check up on the business news. alex is here with us. good news for virgin atlantic. >> that is right. the airline has returned to profit. they reported a pretax profit of 14.4 million pounds. it's close t
is bringing in reforms that tax the fees banks charge businesses. the european commission says this will mean big savings throughout the e.u. >> i think it's good for consumers. it keeps costs down and it's good for retailers because people will use that more so they don't have to hold so much cash. >> reporter: critics say small businesses and consumers might feel the benefit. >> this isn't going to help on the small and medium side. they are paying high fees. in america and...
337
337
Mar 9, 2015
03/15
by
BBCAMERICA
tv
eye 337
favorite 0
quote 0
it's not against the rules, really it's more like tax avoidance versus tax evasion. and riders and things are looking for advantages in smaller and smaller places. >> just very briefly michael. you know this world so well. do you think this report will make a difference? >> i think -- i'm not sure how much difference it will make i think the sport was moving in a positive direction. i think it reinforces what the sport is trying to do it. i think it makes that more urgent. it clarifies, there are still a lot of issues out there. but i'm not sure it's going to be a complete game changer. >> michael hutchinson speaking to me there. >>> india's ndtv network stopped programming in protest of the banning of the bbc documentary, "india's daughter." they ran a slate referring to the film's tire during the hour-long slot when it should have aired on sunday night. indian authorities say the film was banned because of objectionable content. >>> let's get you the business news now. alice is here a momentous day for european economies? >> it's almost like d-day, isn't it philipp
it's not against the rules, really it's more like tax avoidance versus tax evasion. and riders and things are looking for advantages in smaller and smaller places. >> just very briefly michael. you know this world so well. do you think this report will make a difference? >> i think -- i'm not sure how much difference it will make i think the sport was moving in a positive direction. i think it reinforces what the sport is trying to do it. i think it makes that more urgent. it...
123
123
Mar 4, 2015
03/15
by
BBCAMERICA
tv
eye 123
favorite 0
quote 0
. >> we have heard a lot here recently about trying to trace down tax avoiders who may be doing it through various accounting methods. very difficult. takes huge amount of manpower. is there much you can do about this? >> in our report we look at what can be done. we think relatively simple fixes can make a difference. land registry could say if you want to buy property in the uk you have to tell it through beneficial. those rules apply to uk companies because of legislation going through the parliament but not foreign companies. >> people from outside can do it but from inside can't. is there a position -- i mean if it is the oec who you would point to and say they have it right? >> the truth is nobody is doing this very well. it is a particular problem for london because it is such a big market in an attractive city. we would like britain to take a lead on it. >> i'm sure you would. dare i say that it is not likely to be much movement in the short term at least on this is there? >> i think it is possible there will be. this government is introducing legislation, i mentioned to create ben
. >> we have heard a lot here recently about trying to trace down tax avoiders who may be doing it through various accounting methods. very difficult. takes huge amount of manpower. is there much you can do about this? >> in our report we look at what can be done. we think relatively simple fixes can make a difference. land registry could say if you want to buy property in the uk you have to tell it through beneficial. those rules apply to uk companies because of legislation going...
217
217
Feb 27, 2015
02/15
by
BBCAMERICA
tv
eye 217
favorite 0
quote 0
the country's biggest urban radio stations think it's a tax on sin. >> a sin tax when you buy alcohol. the government has decided to add that to cap the problems we are having with alcohol. you know where people are drinking too much and it's too cheap. >> it's impacted us a lot. it's made a huge impact in the clubbing industry. you see a lot of people have turned away from going to restaurants or clubs, because the alcohol prices are so expensive. >> reporter: but the new laws were introduced to try to cut down drunk driving accidents and antisocial behavior. >> we want to have fun, but we want to have fun responsibly. and that's what ever parent wants. that's what every young people want. >> reporter: while drinking in a bar or restaurant is pretty expensive for most, people are trying different ways to have a good time when the sun goes down. welcome to car park parking. it is just that. open up the back and parking for free with your friends. >> you have your cars the parking lot. >> and this outdoor parking is getting bigger and bigger. the next day, we were told about a festival
the country's biggest urban radio stations think it's a tax on sin. >> a sin tax when you buy alcohol. the government has decided to add that to cap the problems we are having with alcohol. you know where people are drinking too much and it's too cheap. >> it's impacted us a lot. it's made a huge impact in the clubbing industry. you see a lot of people have turned away from going to restaurants or clubs, because the alcohol prices are so expensive. >> reporter: but the new...
212
212
Feb 27, 2015
02/15
by
BBCAMERICA
tv
eye 212
favorite 0
quote 0
that's the gap, of course between what the country believes in it and the government believes in taxes and what it spends. this year it promised to cut that to 4.1% of gdp, gross domestic product, and that further cuts are expected next year. here's the problem, in the first six months of this financial year we're already in a bit of a black hole to the tune of $71.5 billion. here's an even scarier figure. the previous finance minister has noted that india as an infrastructure deficit. of course, infrastructure spending is everything we use on ports, power stations that deficit standing at $1 trillion. so delivering on election promises is going to require some serious financial conjuring. and our correspondent tells us a bit about the india budget in his very own special way. we'll have more on that coming up on "gmt," in just over an hour's time. now, if you're signing up to or creating an internet site in china, you're going to be made to use your real name. now, internet accounts that impersonate people and organizations will be banned from funding. china has repeatedly made attemp
that's the gap, of course between what the country believes in it and the government believes in taxes and what it spends. this year it promised to cut that to 4.1% of gdp, gross domestic product, and that further cuts are expected next year. here's the problem, in the first six months of this financial year we're already in a bit of a black hole to the tune of $71.5 billion. here's an even scarier figure. the previous finance minister has noted that india as an infrastructure deficit. of...
170
170
Feb 24, 2015
02/15
by
BBCAMERICA
tv
eye 170
favorite 0
quote 0
it's about tax. they get about 60% of the tax rate of the rest of us. we are still paying far too much tax and sadly, we are closing pubs although we have great ones out there. >> it's not a cheap business to get into and set up. investors are jumping in because of this? >> there's opportunity. you know 90% of the beer we drink in this country is brewed here. still in a pub, seven out of ten alcoholic drinks. people come to britain to come to the pub and they want to drink british beer. it's iconic. what's happening, though is we are paying in tax terms 40% of the tax of the whole of europe. we are only consuming 13% of the product. we are saying to the government you must continue to cut tax. we have had two cuts in our budget, which the next couple weeks hoping they are going to see a hat trick, which would be great from our perspective. that would help us with more investment. the great thing about the small brewers is they have increased interest in the style, in the flavors. >> i want to ask you about that. you see i lived and studied in california
it's about tax. they get about 60% of the tax rate of the rest of us. we are still paying far too much tax and sadly, we are closing pubs although we have great ones out there. >> it's not a cheap business to get into and set up. investors are jumping in because of this? >> there's opportunity. you know 90% of the beer we drink in this country is brewed here. still in a pub, seven out of ten alcoholic drinks. people come to britain to come to the pub and they want to drink british...
232
232
Feb 24, 2015
02/15
by
BBCAMERICA
tv
eye 232
favorite 0
quote 0
with tax evasion for far too long. they believe that will give the revenue to increase social spending. the creditors insisted on things like pension cuts. the question now is whether the disagreement between the two sides over the cuts to the public sector. are germany and other governments going to make them abide by the cuts or trust the commitments of the greece government. they can raise the revenue to fill the funding gab this year and increase the revenue for the social spending. we will know when they give their verdict on a conference call. >> mark loewen reporting there. >>> bbc reports, the country has the problem of what to do with huge quantities of potentially infectious human waste. >> reporter: liberia may have successfully got the number of known ebola cases down to a handful. that doesn't mean the country's problems are over. here is one that most people didn't give a thought to when the priority was saving lives. what to do with the quantities of potentially infectious human waste carefully stored at
with tax evasion for far too long. they believe that will give the revenue to increase social spending. the creditors insisted on things like pension cuts. the question now is whether the disagreement between the two sides over the cuts to the public sector. are germany and other governments going to make them abide by the cuts or trust the commitments of the greece government. they can raise the revenue to fill the funding gab this year and increase the revenue for the social spending. we will...
159
159
Feb 23, 2015
02/15
by
BBCAMERICA
tv
eye 159
favorite 0
quote 0
he has paid full taxes on all his earnings in the united kingdom at the top rate of tax. sop this doesn't appear to be a tax issue. it appears to be a confidentiality issue. >> we'll keep across that take. >>> fancy a new career? it seems like pilots are in huge demand. british airways has started today its recruitment drive. i say recruitment drive, but it's a pilot program that helps would-be flyers get a place at an approved training skill. but with the cost of training is this something to consider? take a look at this. according to boeing the manufacturer, world airlines will need look at that 533,000 new pilots in the next 18 years. it costs roughly around $90,000 to $1,000 for the training but are the salaries anything to write home about it? according to the british airline pilot's association, $60,000 is what you can earn at the lower end of the spectrum on large european carriers. i spoke earlier to an airline industry expert about what the companies need. take a listen to this. >> it's more imminent than the future. if you look at the rapid deployment of new ai
he has paid full taxes on all his earnings in the united kingdom at the top rate of tax. sop this doesn't appear to be a tax issue. it appears to be a confidentiality issue. >> we'll keep across that take. >>> fancy a new career? it seems like pilots are in huge demand. british airways has started today its recruitment drive. i say recruitment drive, but it's a pilot program that helps would-be flyers get a place at an approved training skill. but with the cost of training is...
245
245
Feb 23, 2015
02/15
by
BBCAMERICA
tv
eye 245
favorite 0
quote 0
aided large-scale tax avoidance and in some cases, tax evasion. this morning some claims are being made about this guy right here, the chief executive. "the guardian" reports that stewart gullver had a swiss account in which he put about $5.7 million of his own money through a panamanian company. lawyers for mr. gullver told "the guardian" that full uk tax had been paid on the entirety of his worldwide earnings less the credit, that is, for the tax paid in hong kong. his lawyers declined to answer questions on why he used a panamanian firm. we'll have more on that, coming up on "gmt." >>> now, if you're a parent geeta, you may or may not -- just kidding. you may or may not like the sound of this because youtube, the online video streaming channel is going kid friendly. they're launching a new app that will be able to run on smartphones and tablets and allow children to watch supposed of their favorite tv shows. it will feature parental controls, very important, and remove all viewer comments. youtube not the only video service that launches their
aided large-scale tax avoidance and in some cases, tax evasion. this morning some claims are being made about this guy right here, the chief executive. "the guardian" reports that stewart gullver had a swiss account in which he put about $5.7 million of his own money through a panamanian company. lawyers for mr. gullver told "the guardian" that full uk tax had been paid on the entirety of his worldwide earnings less the credit, that is, for the tax paid in hong kong. his...
94
94
Feb 18, 2015
02/15
by
BBCAMERICA
tv
eye 94
favorite 0
quote 0
and the real concern at home with political risk of either cyprus deposit tax solution or worst case scenario exiting the eurozone. >> sorry to interrupt, i want to ask you just briefly, for both sides, they both have something to lose it really comes down to the wording, whatever agreement, the greek prime minister doesn't want to go against his promises to the greek voters and europe doesn't want to set a precedent. >> absolutely. the two sides are probably closer in meaning than the surface of it. the greek side wants to be seen giving a new deal to its voters. the wording is very important. when it comes to the actual content, at the end of the day, greeks need eu credit because of a cut out from capital markets and suffering funding credit from the financial system and the eu is the lifeline for the greeks at the moment. on the other hand, whether or not greece sees more austerity. what is clear is greece needs more reform because restore inging productivity is restoring growth and growth is the only way to deal with the debt problem down the line. certainly not an urgent proble
and the real concern at home with political risk of either cyprus deposit tax solution or worst case scenario exiting the eurozone. >> sorry to interrupt, i want to ask you just briefly, for both sides, they both have something to lose it really comes down to the wording, whatever agreement, the greek prime minister doesn't want to go against his promises to the greek voters and europe doesn't want to set a precedent. >> absolutely. the two sides are probably closer in meaning than...
84
84
Feb 18, 2015
02/15
by
BBCAMERICA
tv
eye 84
favorite 0
quote 0
and that they helped the bank evade taxes. we have the latest on the search. >> reporter: we haven't had any particular results for this search yet. what i would say is the fact that the geneva police have gone in there today is not really a surprise. when we look at the kind of allegations that came out about hsbc over the last week or so. now, it's been known for some years there was tax evasions hsbc may have been involved in that. but the more perhaps more serious allegations of laundering of money, laundering of profits, of illegal trade and weapons and diamonds and drugs, now, this will cause great concern to geneva investigators, because the fact is switzerland has a very strict law against money laundering since about the year 2000. so the suggestion that that kind of thing is going on in geneva a hub for private banking in 2007 will have rung alarm bells at the highest levels at swiss financial authority. >> what about other banks? will they now be investigated do you think? a lot of talk around about what has been go
and that they helped the bank evade taxes. we have the latest on the search. >> reporter: we haven't had any particular results for this search yet. what i would say is the fact that the geneva police have gone in there today is not really a surprise. when we look at the kind of allegations that came out about hsbc over the last week or so. now, it's been known for some years there was tax evasions hsbc may have been involved in that. but the more perhaps more serious allegations of...
97
97
Feb 12, 2015
02/15
by
BBCAMERICA
tv
eye 97
favorite 0
quote 0
samsung's head was convicted of tax evasion. >> the chairman are often said to run the company or the group in an emperor-like way. that means they make decisions on their own, without any check or balance or monitoring by the board of the company. >> reporter: for the critics, that car park epitomizes the problem. hyundai motors has paid $10 billion for the whole space, to build a glitzy new headquarters. the skeptics say, it's a vanity project to aggrandize a family firm. chevals do give back to the community, like here where employees hand out coal briquettes to the poor but the debate is whether the nepotism is the right way for the future. mrs. cho may ruminate on the question in her prison cell. stephen evans, bbc news, seoul. >>> the european union's patrolling of the mediterranean is being seriously denounced today after hundreds of people try to cross from north africa into europe have died. the head of the u.n. refugee agency antonio gutierrez, has called it woefully inadequate. he says the top priority has to be to save lives. search and rescue not just border patrols of il
samsung's head was convicted of tax evasion. >> the chairman are often said to run the company or the group in an emperor-like way. that means they make decisions on their own, without any check or balance or monitoring by the board of the company. >> reporter: for the critics, that car park epitomizes the problem. hyundai motors has paid $10 billion for the whole space, to build a glitzy new headquarters. the skeptics say, it's a vanity project to aggrandize a family firm. chevals...
122
122
Feb 12, 2015
02/15
by
BBCAMERICA
tv
eye 122
favorite 0
quote 0
samsung's head was convicted of tax evasion. >> they're often said to run the company or the group in an emperor-like way. that means they make decisions on their own, without any check or balance or monitoring by the board of the company. >> reporter: for critics, that car park epitomizes the problem. hyundai motors has built $10 million for the whole space to build a glitzy new headquarters. the skeptics say it'ses a s aa vanity project to aggrandize a family firm. chevals do give back to the community, like here where employees give out coal briquettes to the poor. but the debate is whether the downside is the right way for the future. mrs. cho may ruminate on the question in her prison cell. stephen evans, bbc news seoul. >>> now, the re-trial of two al jazeera journalists imprisoned in egypt has begun. an appeals court ruled that the trial of mohamed fahmy and baher mohamed had failed to prove they were linked to the muslim brotherhood, which is banned. now let's go to live to cairo and talk to sally nahbilnabil, live for us. >> reporter: he said that he didn't ask for renouncing
samsung's head was convicted of tax evasion. >> they're often said to run the company or the group in an emperor-like way. that means they make decisions on their own, without any check or balance or monitoring by the board of the company. >> reporter: for critics, that car park epitomizes the problem. hyundai motors has built $10 million for the whole space to build a glitzy new headquarters. the skeptics say it'ses a s aa vanity project to aggrandize a family firm. chevals do give...
125
125
Feb 9, 2015
02/15
by
BBCAMERICA
tv
eye 125
favorite 0
quote 0
tax evasion is illegal. it avoids intentionally avoiding paying the taxes that are owed by not fully disclosing earnings and income. offshore bank accounts are often charged with tax evasion. if caught a tax evader can be fined and then sent to jail. tax avoidance, however, is perfectly legal. individuals can give to charities, as well as invest in government-supported schemes that can legally reduce your taxable income and therefore, finally, your final tax bill. but is it morally right? that is a question that still needs to be answered. it's been debated all around the world. and richard bilton is the reporter who carried out this hsbc investigation for the bbc, and has all the details. >> reporter: it is the bank that helped clients break the law. now, hsbc's secrets are out. it starts with a leak. hsbc's private bank in switzerland deals with wealthy clients. now we know how. the stolen accounts were linked to the newspaper, "la monday." the journalists shared them with "panorama" and "the guardian" and
tax evasion is illegal. it avoids intentionally avoiding paying the taxes that are owed by not fully disclosing earnings and income. offshore bank accounts are often charged with tax evasion. if caught a tax evader can be fined and then sent to jail. tax avoidance, however, is perfectly legal. individuals can give to charities, as well as invest in government-supported schemes that can legally reduce your taxable income and therefore, finally, your final tax bill. but is it morally right? that...
148
148
Feb 9, 2015
02/15
by
BBCAMERICA
tv
eye 148
favorite 0
quote 0
they show widespread tax evasion. hsbc didn't report keith humphreys, they helped him, arranging a foreign credit card so he could spend the cash without paying tax. i caught up with him. was it all about tax? let me ask you a few questions. were you a signature to that account? >> i don't know what account you're talking about. >> i think so you do sir. >> reporter: fortunately, a few weeks later, mr. humphreys remembered that 147,000 pounds had been paid back to the tax man, but only after the files were leaked. then, there's the bank itself. the european savings directive was meant to tax hidden cash but hsbc showed clients how to get around it. the purpose of the new trust is to shelter the funds from the european savings directive. >> i think they were a tax avoidance and tax evasion service. i think that's what they were offering. >> hsbc wouldn't do an interview, but told us it has fundamentally changed its private bank and has far fewer clients. it now puts compliance and tax transparency ahead of profitabilit
they show widespread tax evasion. hsbc didn't report keith humphreys, they helped him, arranging a foreign credit card so he could spend the cash without paying tax. i caught up with him. was it all about tax? let me ask you a few questions. were you a signature to that account? >> i don't know what account you're talking about. >> i think so you do sir. >> reporter: fortunately, a few weeks later, mr. humphreys remembered that 147,000 pounds had been paid back to the tax man,...
79
79
Feb 6, 2015
02/15
by
BBCAMERICA
tv
eye 79
favorite 0
quote 0
last year, california tripled its tax breaks to keep film production in tinseltown. it gives back 20% in rebates. but with countries including south africa be hungary, czech republic all offering tax incentives competition to lure this most star-studded of creative industries is fierce. will this mean a race to the bottom? that's a question i asked paul brett, a director which well provides hundreds of millions of dollars of funding for independent movies. listen to this. >> not really because people really like coming to the uk. the crews are very good the talent is great, the studio facilitisity facilitisities, belfast and pinewood are doubling over the next two years their capacity and people really like coming here to dos business. california is the place that's struggling because there are simply no big -- no big films shooting in hollywood anymore. it's all television. they all come here to work such as kenneth's cinderella which will have its world premier here next week. >> follow me on twitter tweet me at bbcaaron. that is it. my weekend begins. see you on m
last year, california tripled its tax breaks to keep film production in tinseltown. it gives back 20% in rebates. but with countries including south africa be hungary, czech republic all offering tax incentives competition to lure this most star-studded of creative industries is fierce. will this mean a race to the bottom? that's a question i asked paul brett, a director which well provides hundreds of millions of dollars of funding for independent movies. listen to this. >> not really...
130
130
Feb 6, 2015
02/15
by
BBCAMERICA
tv
eye 130
favorite 0
quote 0
last california tripled tax breaks to keep production in tinseltown, gives back 20% in rebates. with countries including south africa hungary, the czech republic offering tax incentives competition to lure the creative industries is pretty fierce indeed. more on "gmt." tweet me i'll tweet you back. get me @bbc. that's it with the business. back to you. >> thanks very much aaron. >>> what about this quote. like a war zone. that is how the africa cup of nations semifinal was described after ghana knocked out the host equatorial guinea and so they're out of the tournament now. that match was marred by crowd trouble which erupted in the 82nd minute after ghana went 3-0 up. rocks and bottles were thrown at the players. at one point even a police helicopter was just hovering over the pitch. ghana will now play ivory coast in sunday's final. our correspondent pierce evers was at this match and witnessed the violence. >> reporter: riot police in the stands injured fans sheltering on the pitch, missiles thrown and a high-profile game suspended for over 30 minutes. this was a night of sha
last california tripled tax breaks to keep production in tinseltown, gives back 20% in rebates. with countries including south africa hungary, the czech republic offering tax incentives competition to lure the creative industries is pretty fierce indeed. more on "gmt." tweet me i'll tweet you back. get me @bbc. that's it with the business. back to you. >> thanks very much aaron. >>> what about this quote. like a war zone. that is how the africa cup of nations semifinal...
110
110
Feb 2, 2015
02/15
by
BBCAMERICA
tv
eye 110
favorite 0
quote 0
there are defensive courses that the tax rules, we don't set the tax rules, politicians set the tax rules, they want us to come and locate in their country by being very benign on tax. and therefore, when we use it what happens to that tax take? and that is what president obama is attempting to do. as you say, aaron, whether or not he actually gets there, given that republicans control congress, and there has been gridlock and debate on this type of issue for years, the ecb is looking at it the european union is looking at it the american government now is looking at it but results there have been none as yet. >> and of course it kind of feeds into this global view at the moment of the haves and have-nots. but it really does need to be a global coordination. but can you make it clear to us when we're talking about general electric or apple, we're talking about the profits they make in the u.s. these are profits these companies make around the world and then move them to these other countries. >> in america, the corporation tax rate is 35%. very high in comparison to other global centers.
there are defensive courses that the tax rules, we don't set the tax rules, politicians set the tax rules, they want us to come and locate in their country by being very benign on tax. and therefore, when we use it what happens to that tax take? and that is what president obama is attempting to do. as you say, aaron, whether or not he actually gets there, given that republicans control congress, and there has been gridlock and debate on this type of issue for years, the ecb is looking at it the...
120
120
Feb 2, 2015
02/15
by
BBCAMERICA
tv
eye 120
favorite 0
quote 0
president barack obama's plan to close a tax loophole that allows u.s. firms to avoid paying taxes on overseas profits. all of this according to the white house. obama's 2016 budget will be approved today, and will propose a one-off 14% tax on foreign profits. currently, no tax on foreign profits as long as they're not brought into the u.s. obama now says the near $24 million raised will be spent on road and transport projects in the united states. but here's another thing. how about this one? the uk treasury has talked with the new greece finance minister in downing street. he's visiting european countries. he's on a charm offensive, really, to try to explain the plans of the syriza party, for writing off much of greece's debt. after talks yesterday, the greek finance minister said a new debt deal was needed within months. we'll keep across all of that. you know it's been nearly a year, what six days short since the disappearance of that malaysian 777 flight mh 370 disappeared. even in this age of technology that plane could not be traced. that event co
president barack obama's plan to close a tax loophole that allows u.s. firms to avoid paying taxes on overseas profits. all of this according to the white house. obama's 2016 budget will be approved today, and will propose a one-off 14% tax on foreign profits. currently, no tax on foreign profits as long as they're not brought into the u.s. obama now says the near $24 million raised will be spent on road and transport projects in the united states. but here's another thing. how about this one?...
131
131
Jan 30, 2015
01/15
by
BBCAMERICA
tv
eye 131
favorite 0
quote 0
. >> the only way this executive order works is if people do come forward and register and pay back taxes and become part of the system of you know, of being able to work having permission to work and doing so in broad daylight. >> reporter: many undocumented who have often fled violence in mexico say although they're scared, they feel they have no choice but to come forward, given the stress they and their families live under. because my son was so worried i would get arrested says susanna, he asked me to go to school with him or disguise myself. we've suffered so much. and every day, more people cross illegally into the u.s. for this group of women and children who don't want to be identified, their fight to remain here is just beginning. but although the white house says it's doing its best there are millions of other cases that remain unresolved. >> well to discuss president obama's immigration measures i'm joined by professor of law at brooklyn law school also an immigration lawyer in new york. and welcome to "gmt." we heard there in his package, one migrant saying this is a temporar
. >> the only way this executive order works is if people do come forward and register and pay back taxes and become part of the system of you know, of being able to work having permission to work and doing so in broad daylight. >> reporter: many undocumented who have often fled violence in mexico say although they're scared, they feel they have no choice but to come forward, given the stress they and their families live under. because my son was so worried i would get arrested says...
94
94
Jan 26, 2015
01/15
by
BBCAMERICA
tv
eye 94
favorite 0
quote 0
syriza wins on pledges of what spending more government money, cutting taxes, increasing the minimum wage. but up until now, greece has survived on borrowed money. if that borrowed money stops, what happens? >> hopefully borrowed money won't stop. we should think that syriza will go and in expect to get all these things they demanded before the election. they'll have to prioritize and probably start with the debt. they cannot afford to spend a little bit more because the parliament budget. so they probably will spend more. i sympathize with the idea that the recession is not the best time to pay your debt. and also the idea if you're going to structure reforms to improve the competitiveness of your economy, those have a much better chance of succeeding if you're not imposing at the same time austerities. >> i'm glad you talked about austerity, because i want to mention that. isn't part of the problem is this? because many would say, in particular, the germans, that greece's austerity and the reforms were already working. they were a work in progress. last year, after six years in rec
syriza wins on pledges of what spending more government money, cutting taxes, increasing the minimum wage. but up until now, greece has survived on borrowed money. if that borrowed money stops, what happens? >> hopefully borrowed money won't stop. we should think that syriza will go and in expect to get all these things they demanded before the election. they'll have to prioritize and probably start with the debt. they cannot afford to spend a little bit more because the parliament...
337
337
Jan 21, 2015
01/15
by
BBCAMERICA
tv
eye 337
favorite 0
quote 9
reform broadly, corporate taxes and individual income taxes so we can get back to a flatter fairer system to something workable for the american people. trading this tax cut for this tax increase isn't something republicans are interested in is just a non-starter with a now republican house and republican senate. congress is fundamentally different than it was just last year and that's something the president should recognize and try and find ways to work with the republican congress opposed to going into their house of representatives and seven times threatening to veto legislation. >> if we can talk about ideology for a moment you look at president obama calling for high minimum wage extension of childcare, free community college, education of students even equal pay, these are all things in many parts of the world, particularly in europe we take for granted. how can you argue against them? >> republicans support equal pay. equal pay is the law of the land. it's illegal to pay a woman less than a man for the same job. that's the law. republicans support worker training. republicans supp
reform broadly, corporate taxes and individual income taxes so we can get back to a flatter fairer system to something workable for the american people. trading this tax cut for this tax increase isn't something republicans are interested in is just a non-starter with a now republican house and republican senate. congress is fundamentally different than it was just last year and that's something the president should recognize and try and find ways to work with the republican congress opposed to...
297
297
Jan 21, 2015
01/15
by
BBCAMERICA
tv
eye 297
favorite 0
quote 2
the president is hoping he can improve his standing further by proposing tax change for those emerging from the final crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america. >> reporter: his speech suggests a newfound confidence at the white house that america's economy is bouncing back. that and the fact that b of a rack obama doesn't have to fight for re-election means he can afford to bolder in his final two years in office. >>> the french prime minister has announced nee changes after the terrorist attacks two weeks ago. he says the groups should be monitored and announced 21/2 thousand new security personnel would be recruited over the next couple of years to tackle the problem and said unprecedented action would be taken to combat the fight against terrorism. >> interior minister has asked the deployment of 10,500 soldiers which is unprecedented and 8,000 staff police soldiers assured the permanent prosection of sensible sites. synagogues synagogues, jewish schools, mosques and schools and public spaces. to combat terrorism, it me
the president is hoping he can improve his standing further by proposing tax change for those emerging from the final crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america. >> reporter: his speech suggests a newfound confidence at the white house that america's economy is bouncing back. that and the fact that b of a rack obama doesn't have to fight for re-election means he can afford to bolder in his final two years in office....
117
117
Jan 20, 2015
01/15
by
BBCAMERICA
tv
eye 117
favorite 0
quote 0
they also use extortion and various sorts of taxes on people in the areas they control. they get money from people who sympathize with them and make donations. they took over advances when they took over in the summer of last year. they took a lot of money in the banks there. also, they are reported to be selling ancient artifacts and antiquities. >> thank you very much gentlemen for talking us through all of that. we are continuing to monitor that situation and any reaction we get, we will bring it to you. let's bring you up to date. china is experiencing the slowest expansion in nearly a quarter century. the rates dropped to 7.4% in 2014. the chinese government is warning the public to expect painful reforms. we are in beijing. >> i think you have to look at this as chin's growth on the way down in terms of speed. the government carefully managing expectations among the chinese public. they are the biggest stake holder in the economy. many macro economic levers. they don't want to let growth plummet too far. 7.4%, a tiny bit under target is a way of saying we are slowi
they also use extortion and various sorts of taxes on people in the areas they control. they get money from people who sympathize with them and make donations. they took over advances when they took over in the summer of last year. they took a lot of money in the banks there. also, they are reported to be selling ancient artifacts and antiquities. >> thank you very much gentlemen for talking us through all of that. we are continuing to monitor that situation and any reaction we get, we...
91
91
Jan 19, 2015
01/15
by
BBCAMERICA
tv
eye 91
favorite 0
quote 0
if i can pay my tax, if the cleaner in the street can play their tax, so can the plutocrats. they need to pay their way, pay their fair share in society, and be members of society, and not sit on the top on a mountaintop and get away with nothing. >> max lawson speaking to me a little earlier. pippa, great to have you with us on the program. i'm hoping you could hear that. do you agree, oxfam says that this trickle down of wealth theory is absolutely nonsense. >> i think max has it wrong on one respect, and that is if you're talking about the bill gates of this world, yes, they can afford the most expensive lawyers that drop their tax rates down to nothing. but when we say we're going to raise taxes on the rich that's not who we're talking about. we're talking about the people who are running businesses and investing. and typically, 60% of all the net new jobs are created by firms that employ less than 50% people. so we've got to be careful, how hard can we hit that community that can't afford the lawyers to get them out of the top tax rate. that's a very important distinctio
if i can pay my tax, if the cleaner in the street can play their tax, so can the plutocrats. they need to pay their way, pay their fair share in society, and be members of society, and not sit on the top on a mountaintop and get away with nothing. >> max lawson speaking to me a little earlier. pippa, great to have you with us on the program. i'm hoping you could hear that. do you agree, oxfam says that this trickle down of wealth theory is absolutely nonsense. >> i think max has it...
76
76
Jan 19, 2015
01/15
by
BBCAMERICA
tv
eye 76
favorite 0
quote 0
you can't have all that money tied up, it's often tied up in tax havens it's not being put to economic productive use. it's not just oxfam, the imf, the heavyweight economists saying that it's really inefficient to carry on in the direction. >> oxfam's max lawson on those staggering figures. lots more on our website. please stay with us here on "bbc world news." we have lots more to come on the program, including the fight against ebola in guinea and those who don't believe the pope is a friend. ♪ ♪ ♪ all the goodness of milk all the deliciousness of hershey's syrup. >>> welcome to "bbc world news." i'm kasia madera. our main headlines for you. both ukrainian and pro-russian forces claim they have seized control of donetsk airport after days of intense fighting. >>> chechnyans protest the french magazine "charlie hebdo," and against insulting islam. >>> the former korean allies executive, cho hyun-ah, who went into a rage when her in-flight macadamia nuts were served in a bag rather than a plate, has pled not guilty. she's also accused of endangering passengers by ordering the pl
you can't have all that money tied up, it's often tied up in tax havens it's not being put to economic productive use. it's not just oxfam, the imf, the heavyweight economists saying that it's really inefficient to carry on in the direction. >> oxfam's max lawson on those staggering figures. lots more on our website. please stay with us here on "bbc world news." we have lots more to come on the program, including the fight against ebola in guinea and those who don't believe the...
77
77
Jan 16, 2015
01/15
by
BBCAMERICA
tv
eye 77
favorite 0
quote 0
normal tax competition perfectly permissible. but if you go off to a particular company, because you want to attract that company into your country to do business there and give them a special rate that's no-no. not permitted in the eu. >> and is it also a case of -- you look around the world and you see many countries who would do all they can to attract these multi-nationals. they want them there to build factories, set up shops, spend money, create jobs. there's global competition between countries. >> that's right. as our prime minister and finance minister has said on many times, it's a global risk. and most countries in the world, in one way or another, set up their tax systems to attract multi-nationals and big business generally in for all those reasons that you're talking about. it will do good for their citizens if those companies bring investment and jobs and such like into the country. that all-in competition. what the eu has said, that's okay providing you set up your tax system to be attractive to such companies and
normal tax competition perfectly permissible. but if you go off to a particular company, because you want to attract that company into your country to do business there and give them a special rate that's no-no. not permitted in the eu. >> and is it also a case of -- you look around the world and you see many countries who would do all they can to attract these multi-nationals. they want them there to build factories, set up shops, spend money, create jobs. there's global competition...
132
132
Jan 6, 2015
01/15
by
BBCAMERICA
tv
eye 132
favorite 0
quote 0
this is like a tax cut. you will see greater disposable income coming through, leading to much higher retail sales, and eventually stronger growth at a later point. but it does raise fears of deflation, for example. some areas like the eurozone really struggling with very low inflation. we're expecting in the next month or so for inflation to turn negative. that may force central banks to do a little bit more to try to stimulate the economy. >> absolutely. we were talking about that, too. it's another something else on the plate for the european central bank to ponder. you mention the equity markets. the fear of the global slowdown. investors are selling lots of different types of shares. not just energy related. even the experts say it's a mug's game to predict where oil is going to go. but you have to ask the question, how low can it go before the oil producers, but saudi arabia and the others go hang on, okay, enough's enough now, we've got to cut supply. i mean that's got to be asked, right? >> yeah i ag
this is like a tax cut. you will see greater disposable income coming through, leading to much higher retail sales, and eventually stronger growth at a later point. but it does raise fears of deflation, for example. some areas like the eurozone really struggling with very low inflation. we're expecting in the next month or so for inflation to turn negative. that may force central banks to do a little bit more to try to stimulate the economy. >> absolutely. we were talking about that, too....
131
131
Jan 5, 2015
01/15
by
BBCAMERICA
tv
eye 131
favorite 0
quote 0
town caused outrage by saying priority for burial plots in the local cemetery went to people who paid taxes. he since said his comments were misunderstood. >>> an investigation has begun here in the uk into why a car transporter which ran aground started listing shortly after leaving the port of southampton on saturday. the owners say it was deliberately run aground after it developed problems and started to list. >>> it's now less than a year before myanmar votes in a general election. for the first time in 25 years, the pro-democracy campaigner and former political prisoner aung san suu kyi will take part. most believe it is a certainty that her party will win, but the constitution does prevent her from becoming president. our myanmar correspondent jonah fisher was given exclusive access to the nobel peace prize winner as she visited her constituency. >> reporter: it's check-in time for myanmar's nobel laureate. aung san suu kyi has come to visit the country's first training college for the hospitality industry. funded through a charity named after her mother we've been invited to take a
town caused outrage by saying priority for burial plots in the local cemetery went to people who paid taxes. he since said his comments were misunderstood. >>> an investigation has begun here in the uk into why a car transporter which ran aground started listing shortly after leaving the port of southampton on saturday. the owners say it was deliberately run aground after it developed problems and started to list. >>> it's now less than a year before myanmar votes in a general...
141
141
Jan 5, 2015
01/15
by
BBCAMERICA
tv
eye 141
favorite 0
quote 0
the local mayor sparked outrage when he said priority for burial plots went to people who paid taxes. let's get more on this. lucy williamson is in paris for us. this has caused absolute outrage in france. >> reporter: yes there's been a lot of criticism of the mayor for what he reportedly said when asked for permission to bury this baby girl who as you said died on christmas day. the funeral director the family employed to help them with the preparations said that he had requested, as normal permission to go ahead, and he had received the answer that it was not possible, which he said was quite a rare occurrence. now, the baby girl is today being laid to rest at a cemetery at a nearby town but this controversy really isn't going away. there's been a lot of criticism, as you mentioned, of the mayor in this case who's responded by apologizing, by saying his words were misunderstood, he says. >> and lucy another little roma baby girl died just last week. it's really putting a spotlight on this community in france. >> reporter: i think so. and the reported words of the mayor saying the p
the local mayor sparked outrage when he said priority for burial plots went to people who paid taxes. let's get more on this. lucy williamson is in paris for us. this has caused absolute outrage in france. >> reporter: yes there's been a lot of criticism of the mayor for what he reportedly said when asked for permission to bury this baby girl who as you said died on christmas day. the funeral director the family employed to help them with the preparations said that he had requested, as...